Introduction
Welcome to the Mount Holyoke College Purchasing Card Program.
The Purchasing Card is a new tool that offers an alternative to
the existing College purchasing processes. It provides an extremely
efficient and effective method of purchasing and paying for small
dollar items.
Mount Holyoke College (the "College") has contracted
with JP Morgan Chase, Inc. to provide a VISA credit card program.
In addition, we will be utilizing an on-line process called PaymentNetTM
to review and approve charges to the VISA credit card.
Read this Manual carefully. It describes the policies and
procedures for appropriate purchasing card use. The Manual also
provides you with the basic steps for using the Purchasing Card
including compliance issues, documenting transactions, reviewing
and approving statements, etc.
By signing the Purchasing Card Application and Cardholder Agreement
forms (see forms section in this manual) you are agreeing to comply
with the program rules and regulations as stated in this Manual.
Please document any questions, suggestions, or difficulties you
and your suppliers have regarding the purchasing card program. Your
feedback will provide vital information to our program evaluation.
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